Algorand
ALGO
Algorand staking is not supported by Coinbase.
Staking Algorand
Staking Stats
Est. Reward Rate APY
4.48%
Reward Change 24H
0.00%
Reward Change 30D
+6.70%
Asset Market Cap
£2.3B
Staking Market Cap
£415.5M
Tokens Staked
1.5B
Percent Staked
18.31%
Powered by Staking Rewards
APY's are indicative and not guaranteed and may vary over time. Learn more
Staking crypto-assets involves risks such as potential loss due to slashing, limited liquidity, variable and unguaranteed APY, and vulnerabilities from evolving protocols. Past performance is not a reliable indicator of future results. Learn more about asset risks
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
Algorand staking is on the rise this month.
The current estimated reward rate of Algorand is 4.48%. This means that, on average, stakers of Algorand are earning about 4.48% if they hold an asset for 365 days. The reward rate has not changed over the last 24 hours. 30 days ago, the reward rate for Algorand was 4.20%. Today, the staking ratio, or the percentage of eligible tokens currently being staked, is 18.31%. In other words, there are 1.5B of Algorand staked, which means that Algorand has a staking market cap of £415.5M. This is compared to a total asset market cap of £2.3B.
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FAQ
How to stake Algorand?
You can earn rewards for Algorand through DeFi yield. DeFi yield lets eligible customers earn yield by lending their crypto to third-party DeFi protocols.
When can I start earning rewards with Algorand?
You start earning yield with most of the Staking and Standard Rewards assets once they are purchased. To earn yield by staking ETH or depositing assets in DeFi yield, you will need to purchase the asset and then agree to terms to enable the option and start earning rewards.
What are the risks around staking Algorand?
Staking requires your Algorand to be locked on the protocol in order to earn rewards. During this time you won't be able to trade or transfer your Algorand. The lock up periods are defined by protocols and can range from a few hours to a few days. Coinbase does not impose any lock up periods. No additional lockup periods are imposed by Coinbase.
How much can I make staking Algorand?
The current estimated reward rate of Algorand is 4.48%. This means that, on average, you can earn about 4.48% for current block/epoc rewards for Algorand.
How many Algorand tokens are currently staked?
Currently, 1.5B are staked, which means that the staking market cap of Algorand is £415.5M.
What percentage of Algorand is currently being staked?
Of the available tokens, 18.31% is currently staked.
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.